Teck Resources Stock Forecast, Price & News

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Teck Resources stock.
View analyst ratings for Teck Resources or view top-rated stocks.

Wall Street analysts have given Teck Resources a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Teck Resources wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Teck Resources saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 9,700,000 shares, an increase of 49.9% from the March 15th total of 6,470,000 shares. Based on an average trading volume of 4,940,000 shares, the short-interest ratio is currently 2.0 days. Approximately 1.9% of the company's shares are sold short.
View Teck Resources' Short Interest.

Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Teck Resources.

Teck Resources Limited (NYSE:TECK) posted its quarterly earnings data on Thursday, February, 18th. The basic materials company reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.05. The basic materials company earned $1.96 billion during the quarter, compared to analyst estimates of $1.94 billion. Teck Resources had a negative net margin of 14.37% and a positive trailing twelve-month return on equity of 2.49%.
View Teck Resources' earnings history.

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TECK shares have increased by 209.6% and is now trading at $25.39.
View which stocks have been most impacted by COVID-19.

Teck Resources announced a quarterly dividend on Friday, April 30th. Shareholders of record on Tuesday, June 15th will be paid a dividend of $0.0404 per share on Wednesday, June 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend is Monday, June 14th. This is a positive change from Teck Resources's previous quarterly dividend of $0.04.
View Teck Resources' dividend history.

Teck Resources pays an annual dividend of $0.15 per share and currently has a dividend yield of 0.62%. Teck Resources does not yet have a strock track record of dividend growth. The dividend payout ratio of Teck Resources is 6.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teck Resources will have a dividend payout ratio of 10.42% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.
View Teck Resources' dividend history.

17 equities research analysts have issued 12-month price objectives for Teck Resources' stock. Their forecasts range from $14.00 to $34.00. On average, they expect Teck Resources' share price to reach $26.20 in the next year. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for Teck Resources or view top-rated stocks among Wall Street analysts.

Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Química y Minera de Chile (SQM), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Hecla Mining (HL), Summit Materials (SUM), Compass Minerals International (CMP), Piedmont Lithium (PLL), Energy Fuels (UUUU), U.S. Silica (SLCA), United States Lime & Minerals (USLM), Intrepid Potash (IPI), Centrus Energy (LEU) and Galiano Gold (GAU).
View all of TECK's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold (CGH).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Contrarius Investment Management Ltd (1.51%), L1 Capital Pty Ltd (0.89%), Bank of Nova Scotia (0.78%), The Manufacturers Life Insurance Company (0.63%), Scheer Rowlett & Associates Investment Management Ltd. (0.53%) and PM CAPITAL Ltd (0.51%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Scheer Rowlett & Associates Investment Management Ltd., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, L1 Capital Pty Ltd, The Manufacturers Life Insurance Company , QV Investors Inc., DekaBank Deutsche Girozentrale, Scotia Capital Inc., and Sumitomo Mitsui Trust Holdings Inc..

TECK stock was purchased by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, PM CAPITAL Ltd, Edgestream Partners L.P., Hillsdale Investment Management Inc., Commonwealth Equity Services LLC, CENTRAL TRUST Co, Swiss National Bank, and MD Financial Management Inc..

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of TECK stock can currently be purchased for approximately $25.39.

Teck Resources has a market capitalization of $13.30 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis.

Teck Resources employs 10,000 workers across the globe.

Teck Resources was founded in 1906.

The official website for Teck Resources is www.teck.com.

Teck Resources is headquartered at 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]